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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2019 · Q291 Mark

In 2013, the European Union (EU) levied a 48% tariff on low-priced Chinese solar panels because the low price was the result of subsidies from the Chinese government. Which argument for protectionism was the EU using?

Athe anti-dumping argument
Bthe infant industry argument
Cthe strategic industry argument
Dthe sunset industry argument

✓ Correct answer

A: the anti-dumping argument

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2019 Paper 1 Variant 1, question 29.

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